HONG KONG, Dec 7 (Reuters) - Hong Kong shares recovered from a weak open to close higher on Tuesday as a rally in shares of large-cap commerical property plays such as Wharf (Holdings) Ltd <0004.HK> and oil majors pushed the benchmark higher.
The benchmark Hang Seng Index <.HSI> rose 0.82 percent to 23,428.15, receiving a boost from a reversal of losses in the Shanghai market, which ended the day up 0.7 percent. Turnover remained light at HK$72.6 billion.
Shanghai's key composite index <.SSEC> had earlier fallen as much as 1.7 percent amid market talk of another rate increase by Beijing. (Reporting by Vikram Subhedar; Editing by Chris Lewis) (vikram.subhedar@thomsonreuters.com; +852 2843 6975; Reuters Messaging: vikram.subhedar.reuters.com@reuters.net))